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FMHI - First Trust Municipal High Income ETF

Stock Price: $54.96 USD 0.03 (0.05%)
Updated Apr 13, 2021 4:00 PM EDT - Market closed
Assets $189.46M
NAV $54.92
Expense Ratio 0.55%
PE Ratio n/a
Beta (5Y) 0.13
Dividend (ttm) $1.68
Dividend Yield 3.06%
Ex-Dividend Date Mar 25, 2021
1-Year Return -
Trading Day April 13
Last Price $54.96
Previous Close $54.93
Change ($) 0.03
Change (%) 0.05%
Day's Open 54.97
Day's Range 54.87 - 54.99
Day's Volume 42,576
52-Week Range 45.99 - 55.06

Fund Description

The investment seeks to provide federally tax-exempt income, and its secondary objective will be long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.

Asset Class
Fixed Income
Inception Date
Nov 1, 2017
Exchange
NASDAQ
Ticker Symbol
FMHI
Index Tracked
Bloomberg Barclays Municipal Custom High Yield Composite Index

Top 10 Holdings

18.95% of assets
NameSymbolWeight
Us Dollarsn/a6.84%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%n/a3.01%
ILLINOIS ST 5%n/a1.54%
TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 4%n/a1.22%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%n/a1.22%
TSASC INC N Y 5%n/a1.15%
OKLAHOMA DEV FIN AUTH REV 7.25%n/a1.06%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38%n/a1.06%
WILKES-BARRE PA AREA SCH DIST 4%n/a0.95%
HARBOR POINT INFRASTRUCTURE IMPT DIST CONN SPL OBLIG REV 5%n/a0.90%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Mar 25, 2021$0.14Mar 31, 2021
Feb 23, 2021$0.14Feb 26, 2021
Jan 21, 2021$0.14Jan 29, 2021
Dec 24, 2020$0.14Dec 31, 2020
Nov 24, 2020$0.14Nov 30, 2020
Oct 21, 2020$0.14Oct 30, 2020
Full Dividend History

News

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Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.

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